Quote:
Originally posted by currencia
No chart needed> I'll re-institute shorts once again at current level 1.2330.
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Currencia, I have been following your posts the last two months. I would appreciate if you could share the reason for your call above.
I am a novice to forex (just 6 months), and always looking to be a student. I understand that the Euro broke upwards above the 1.2300 wedge late US session yesterday. Were you playing the false break for your short or felt a good reward-risk? I would appreciate your opinion on this.
I also happen to be trapped long on the USD at sub 1.22 levels from late last week, and looking for an opportunity to exit.